The "Blockchain.com" platform for storing, storing and exchanging cryptocurrencies is one of the oldest names in the cryptocurrency market.
"Announced Blockchain.com " adding support for the following digital currencies for services related to the conservation and exchange provided by:
Bolcadot "DOT".
AAVE
YFI
Blockchain.com enables users to buy, hold and store cryptocurrencies, having seen more than $ 620 billion in transactions since 2013.
With these additions, the company is seeking to focus more on the growing decentralized finance (DeFi) industry.
Mr. Amadeo Bellis, Product Manager at Blockchain.com, said:
The momentum of DeFi is undeniable.
We and our customers are extremely passionate about it.
He added:
Why is DeFi exciting?
Look at the breakdown of the current system.
And compare it with rewarding early users and contributors with tokens and letting them gain an interest in new financial systems. It's the same thing as "Uber" or "Airbnb".
As we told us at the beginning of this article, the "Blockchain.com" platform will support the "DOT", "AAVE" and "YFI" currency and make it available to users whether for storage or exchange.
Amadeo Bellis commented on the newly listed digital currencies, saying:
Just to put things into perspective, we are providing “Polkadot”, “Aave” and “Yearn Finance” cryptocurrencies to more than 70 million wallets and 31 million verified accounts.
All of these will be available in our infrastructure that is spread over more than 70 countries.
A brief overview of Polkadot, Aave and YFI Projects:
Polkadot is a multi-network and layered blockchain designed to connect different specialized blockchain networks into a single unified network. Through the use of what are known as “parachains”, “Polkadot” has raised nearly $ 200 million from investors through sales of its cryptocurrency “DOT”.
Aave is a decentralized protocol where users participate as borrowers and lenders.
“YFI” is the original cryptocurrency of the “Yearn Finance” project, which is an aggregator of various lending protocols.